Page 8 Advertisements Column 7

Dominion, Volume 3, Issue 747, 21 February 1910, Page 8

share capital of the Company - remsin- ' lug unissued, subject to the proviso-that ( after, the first -year- the■ Company'inay : £ request the said Duncan Elliott .'Alves J to ..take up any number of. shares not ( exceeding 10,000 in, any calendar .month, .1 and in default of .his so doing the option .< ■shall to the extent of'such, request be forfeited.. J .14. An Agreement jdated the 18th De- J comber,- -1909,;-and: inade\between' -"W.T A'. '1 Horn of.-.; the -.one/; .■part'.;.;,and/. .Samuel Spencer-.as ,'trusteo for ' and on behalf -i of a Company % be formed , (being rthis ■} Company). ofthe: other, part.' ' Under this agreement '-W. .A. ■-Horn; under- ; writes 100,000 Shares' of, i.thij' t issue for I a like, commission, and' it is further ! provided that for the, same considera- 1 tioh . and for; valuable services rendered; ; the said 'W. "A. Horn . shall. have'. the • 'option for a period of four ..years after .i the first general allotment of shores in : the Company to -take ;up; at .par the whole; or . any part j'bf-"one; moiety 'of the ; initial share capital of. tho Company remaining unissued, subject to .the, pro- : .viso that-after .the first' year the.Comr' pany mayrequest the A'. Horn' : to take any'iiuml>er of shares, not exce'edipg: 10,000 in. any calendar month, and in default of his-so doing the option shall io.''tha extent of ; such request''be ' forfeited. . '. . 4 .; ; ; i »-'-ls:%n )^^ee«''ffit' s the Ist .'Jiinef ' ,1909,; and, made- betweon--Duncan. l: Elliott ; ; Alves ..of.-the. first ;parfc,.,Papuan- Lands, Ltd., of the second part,'and 6eyeral;ner- 1 SOUS' named. ■ in ■ tue Second -Schedule thereto' (being the- Guarantors mentioned ' on the first page of this Prospefctus) 'of ; the third part, Tinder .this Agreement . the said .Duncan,;Elliott'Alves' is 'entitled to receive;, for services' - rendered, five of. jJIOOO. each,".-credited- as- fully paid in ■the '. Capital'- of-.- the -Vendor Company. .• ; -... ■■ • ■ ■ 16, An Agreement dated the 20tli December, 1909, and ,':made between -IPapuan Lands,. Limited, of, the. one part ."and theseveral .persons., named -" in - the! Fourth' Schedule thereto of the other part. Under, this Agreement, the parties thereto of the second part (being the Guarantors ■ men-' tioned' on: the' first page ' of - this , Prospectus) each aj^M.'to sub-underwrite 4166 Shares of the present, issue, (making, a total ; of- 62,490 shares) for a - commission of. 10 .per;cent., payable, as to one moiety, thereoi in cash, and as.to-thn remaining moiety by the allotment .. of fully-paid Ordinary -Shares in the capital of the Company. Of the said Guarantors' the following are Directors:of this Company':— The Earl of Ranfurly, - Sir Westbv Brook Perceval, the : Hon/- John. Greeley; Jenkins, Mr. "W. A." Horn; and'-Mr. Duncan Elliott Alves. '■-. "i -.- , ; V ■-;- -i. 17.■' An Agreement.dated the - 27th'- May, 1909, and made between 'Papuan Eandis, Limited, of tho one '. part and '■ the • Hoii. John Greeley Jenkins of tie other , part. Under this Agreement the'. Honourable John Greeley Jenkins was paid by, the Vendor Company a sum ' of ■ ,£SOO and r expenses for'proceeding.: to Papua and investigating the .properties/ and' has since beon paid by them a further,-sum of JE3SO for subsequent services. ■ 18.-An Agreement , dated, the Bth June, 1909, and:made between Papuan Lands, Limited,; of;; : the - one 1 part; and Charles Alfred Darling; of: the. other,-part. ' .19. '.An - Agreement-;- dated > the* 20th December, 1909, and made between PapuanLands, Limited, :of: the one >part andCharles - Alfred Darling, of the. other, part.; Under -this Agreement the ■ Vendor Com'pany agrees- to. give 5000 of 'tho' abovementioned. 233,000: Ordinary Shares to the said Charles Alfred Darling'for services to'be Tendered. : 1 - /•' > 20. An. Agreement dated the !oth i December, 1909, and.made between Samuel Spencer as trustee for and on behalf of a : Company intended to -be formed (being . this. Company) of the one part and Charles . Alfred Darling of the other part. 21. An . 'Agreement : dated ■ the - ; 20th ' December, . 1909, and made between ' Papuan Lands, limited,,; of the" one part ' and Ellis- and Companj of , the other [ part. -. Under this Agreement- the Ven- ' dor Company agrees to-give-1000 Shares ; of -the said 223,000 Ordinary Shares to ' Ellis and Company for services to Ibe ' rendered; .. , - 22. An Agreement dated the 20th December, 1909, and made between Papuan • Lands, Limited, of the.' one ; part and i Myers and, Company, .of: the otner part. I Under this Agreement the Tendbr'Comi pany agrees to give 1000 of the said 223,000 1 Ordinary Shares to Myers and Companj • for services to be rendered. . 23. An. Agreement dated the Bth; June,. . 1909, and made between 'the Honourable , John Greeley Jenkins of the first part, j Charles Alfred Darling of the -second 1 part;' William Dairy tuple Anderson, of i the third part, and Ernest Edward Head , of tho fourth part. \ E -. 24. An Agreement constituted by a letE ter dated the lGth March, 1309, and adr dressed by Duncan Elliott Alves to Bon- ; jamin Newgass. f 25. An Agreement constituted by a letter dated the 25th June, 1909, and ad- . dressed by Duncan Elliott Alves to Ed- , ward Reginald Harvey. 1 26. All Agreement dated the/15th Janu--1 ary, 1910, and made between Papuan Lands, Limited, of the one part; and Pa'-' x puan Minerals Exploration, Limited! of s the other part. Under this Agreement i Papuan Minerals _ Exploration, Limited, 0 adopts. Contract No 11, above-mentioned. 0 - Various agreements and arrangements .- as to. sub-underwriting have been made, r to none of which is the Companv a party, t The amount of the preliminary ex- - penses' (apart from- the underwriting r commission payable under Contracts Nos. ,1 12, 13, and 14) is estimated at JSO.OOO,